by Calculated Risk on 1/15/2008 06:18:00 PM

From Reuters: IndyMac slashes 2,403 jobs

IndyMac ... said on Tuesday it is eliminating 2,403 jobs, or 24 percent of its workforce
...
"The reality is that since October 12 conditions have gotten worse," Perry wrote.

Thanks to all for sending me the early reports. The job cuts were even worse than expected.

From Mathew Padilla at the O.C. Register, here is Perry’s email.